Analysts Opinions on: Ciena Corporation (CIEN)


Ciena Corporation (CIEN) belonging to the Computer and Technology sector has declined -0.67% and closed its last trading session at $23.58.

The company reported its EPS on 03/08/2017. Currently, the stock has a 1 Year Price Target of $28.49.

The consensus recommendation, according to Zacks Investment research, is 1.57. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 1.4 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.44 and 1.47 respectively.

Ciena Corporation on 03/08/2017 reported its EPS as $0.26 with the analysts projecting the EPS of the stock as $0.29. The company beat the analyst EPS Estimate with the difference of $-0.03. This shows a surprise factor of -10.3%.

Many analysts have provided their estimated foresights on Ciena Corporation Earnings, with 22 analysts believing the company would generate an Average Estimate of $0.37.

Whereas they predicted High and Low Earnings Estimate as $0.42 and $0.33 respectively. While in the same Quarter Previous year, the Actual EPS was $0.34.

Analysts are also projecting an Average Revenue Estimate for Ciena Corporation as $695.77 Million in the Current Quarter. This estimate is provided by 20 analysts.

The High Revenue estimate is predicted as 715 Million, while the Low Revenue Estimate prediction stands at 685.4 Million. The company’s last year sales total was 640.72 Million.

For the Current Quarter, the growth estimate for Ciena Corporation is 8.8%, while for the Next Quarter the stock growth estimate is 16.7%.

In the past 5 years, the stock showed growth of 67.77% per annum. While for the next 5 years, the growth estimate is 16.67%.

The Company got Downgrade by Goldman on 16-Mar-17 from Buy to Neutral.

Insider Trades for Ciena Corporation show that the latest trade was made on 28 Feb 2017 where Phipps (Jason), the Officer completed a transaction type “Buy” in which 11956 shares were traded at a price of $0.

55 Insider Sales transactions were made totaling 175886 shares traded.

20 analysts projected Price Targets for Ciena Corporation. The analysts believe that the company stock price could grow as high as $35. The Low Price target projection by analysts is $22 and the Mean Price Target is $28.49.

Ciena Corporation (CIEN) has the market capitalization of $3.34 Billion. The company rocked its 52-Week High of $26.84 on Mar 1, 2017 and touched its 52-Week Low of $15.62 on May 13, 2016.

The stock has Return on Assets (ROA) of 3 percent. Return on Equity (ROE) stands at 11.9% and Return on Investment (ROI) of 6.7 percent.

The stock is currently showing YTD performance of -3.4 Percent. The company has Beta Value of 1.68 and ATR value of 0.69. The Weekly and Monthly Volatility stands at 2.65% and 2.57%.